Broker note suggests iPad2 delayed to June
Friday, March 11, 2011
, Posted by Unknown at 10:00 PM
Taiwanese brokerage blames production bottlenecks.
According to Reuters, Yuanta Securities said in a note that production company Hon Hai had to change their production processes after Apple made design changes to the iPad2.
The firm's head of downstream tech equities, Vincent Chen, wrote: "Our checks suggest new issues are being encountered with the new production process and it is taking time to resolve them."
His note claimed a delay would reduce iPad shipments to 23 million from 30.6 million units.
The new device is said to be thinner and pre-loaded with a camera.
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